Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Dame Dash Says He Wants No Part of JAY-Z’s Super Bowl LXI Plans
Dame Dash is making it clear that he will not be in attendance when his former business partner, Jay-Z, takes the stage for the Super Bowl LXI halftime show next year. In a candid interview with “The Art of Dialogue,” Dash stated he has no interest in a reunion at SoFi Stadium, even going as far as to warn the hip-hop mogul not to reach out with an invitation. Dash, who co-founded the legendary Roc-A-Fella label alongside Jay-Z and Kareem “Biggs” Burke, was vocal about his lack of enthusiasm f
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Steph Curry Praises Wife Ayesha Curry for New Film “Second Chance Holiday”
Golden State Warriors star Steph Curry took to social media Tuesday to celebrate his wife, Ayesha Curry, following the announcement of her starring role in the upcoming Roku Original romantic comedy, “Second Chance Holiday.” The four-time NBA champion praised his wife of 15 years in a post on X, formerly Twitter, expressing his pride in her latest professional milestone. “My Leading Lady,” Curry wrote to his followers. “I get to see the work behind the scenes and now the world gets to see you
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Hackers steal $6.3 billion from Binance in record crypto heist blamed on North Korea
Hackers stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange, in a theft that analysts blamed on North Korea and said could be the largest financial heist of all time. Cryptocurrency prices fell on the news, while Binance halted withdrawals and said it would use company funds to cover the losses. Stablecoin issuers including El Salvador-based Tether and the Trump-backed World Liberty Financial froze about half of the stolen assets. The exchange said customer funds were
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Patrick Stewart, Shakespearean stage actor turned 'Star Trek' and 'X-Men' star, dies at 86
Patrick Stewart, who rose from poverty in England to become an accomplished Shakespearean stage actor and then achieved global stardom as the erudite Captain Jean-Luc Picard in TV's "Star Trek: The Next Generation" and the telepathic Professor Charles Xavier in the "X-Men" movies, has died at the age of 86. Stewart, knighted in 2010 by Queen Elizabeth II for his contributions to drama, died at his home in Los Angeles, according to a statement on his X account. "We announce with great sorrow th
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